Fixed assets
Fixed asset tracking that lives in the books, not beside them.
Buildings, vehicles, equipment, and leasehold improvements should not disappear into a spreadsheet register after the purchase is posted. VisiBooks keeps activation, depreciation, transfers, and disposals tied to the ledger and the audit trail.
Register with context
Track the asset, acquisition date, in-service date, cost basis, useful life, salvage assumptions, and linked supporting documents in one place. The asset register stays connected to the underlying accounting records.
Activation when spend becomes an asset
Capital purchases often start in AP or construction-in-progress. VisiBooks gives you a clean activation step so the asset moves into service with a visible journal trail instead of an opaque adjustment later.
Recurring depreciation
Depreciation schedules are part of the system, not a year-end memo. Monthly expense, accumulated depreciation, and remaining basis stay visible as part of close and reporting.
Disposals and history
When an asset is sold, written off, or retired, the disposal is explicit. VisiBooks preserves the full lifecycle so you can see what happened to the original basis, accumulated depreciation, and gain or loss.
| Asset | Status | Placed in service | Cost | NBV |
|---|---|---|---|---|
| Ford Transit Van 2024 | Active | 2025-06-01 | $48,500.00 | $39,987.41 |
| Roofing trailer | Active | 2025-09-15 | $12,800.00 | $10,986.67 |
| Warehouse build-out | CIP | — | $86,420.00 | — |
| Excavator attachment | Disposed | 2024-02-10 | $7,400.00 | $0.00 |
Assets should move through a lifecycle you can see.
Stop maintaining fixed assets in a spreadsheet that drifts away from the ledger. Keep the register, schedules, and accounting history in the same system.